. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on … labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by …

replaces a corporate income tax (CIT) with a destination-based cash-flow tax (DBCFT). Two key channels are at play. The first … channel is the shift from an income tax to a cash-flow tax. This channel induces the corporate sector to invest more, boosting …

How can Low-Income Countries (LICs) enhance tax revenue collection to finance their vast development needs? We address …

. The strength of this effect differs with firm size, the availability of collateral, income and income volatility, cash …

We revisit Lipset?s law, which posits a positive and significant relationship between income and democracy. Using … dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …

In the cross section of countries, there is a strong positive correlation between trade and income, and a negative …) identification strategy, and exploit countries' exogenous geographic characteristics to estimate the causal effect of trade on income … and inequality. Our cross-country estimates for trade's impact on real income are consistently positive and significant …